3 Ways Blockchain Phones Can Change Your Experience

A blockchain phone is a device intended for safe cryptocurrency storage and transmission, with minimal or no charges. This includes currency such as Bitcoin and Ethereum. Blockchain phones have decentralized networks that protect your digital identity and personal data. Presently, crypto-focused phones are starting to penetrate the market. The notable players include Samsung, Sirin Labs, and HTC because they have unveiled Galaxy S10, Finney, and Exodus 1 respectively.

Are you wondering how a blockchain phone will change your experience? This is what you can expect.
1.Decentralized Apps (Dapps)
Did you know that, to enjoy using the services offered by Facebook and Google you have to trade your data? This is because these companies’ possess centralized data models that are important to targeted advertising and selling insights.

A blockchain phone can change this because it supports decentralized applications or dapps. Their existence is boosted by a decentralized web running on peer-to-peer or public networks. In contrast, big-tech institutions are aided by private servers.

Dapps are evolutionally since they eradicate digital copying. For instance, CryptoKitties is a dapp that supports a blockchain game where users sell, trade, and breed digital cats. Every cat is unique because it cannot be copied. This concept has been rewarding because Dragon (one of the digital cats) was sold for nearly $170,000.

2.Your Security is Top-notch
What will happen if you lose your blockchain phone or keys? A concept known as “social key recovery” featured on HTC’s Exodus 1 is instrumental in such a situation. Essentially, you will select particular contacts and avail them with fractions of their keys. In the process, you recover your phone or keys from these contacts. Blockchain phones are ideal based on the outstanding sharing algorithm incorporated.

Users’ security is also enhanced because blockchain phones such as Finney support encrypted communications and protected exchange access. Interestingly, they have a P2P resource distribution ecosystem for apps and payments.

3.Blockchain Phones function like Cold Wallets
Cold wallets are offline built-in-storage for hoarding Ethereum, Bitcoin and other digital tokens. Blockchain phones possess this attribute. Specifically, they have a physical toggle button needed when switching off unencrypted communications. In the process, your handset’s internal digital storage is not accessible wirelessly. Your security is guaranteed by blockchain phones as hackers are averted.

Bottom line
A blockchain phone is one of the exceptional technological innovations in the present society. Users are provided with outstanding experiences by decentralized platforms. This includes Dapps that protect their personal data and digital identity. Dapps also eliminate digital copying. A user’s security is guaranteed by the social key recovery feature. Your experience is enhanced by the way blockchain phones act as cold wallets. These are outstanding traits why you should own one.